- YI: -2.5
- Possible bottom here for: AXP, KMX, and PBY
- Trying to bottom out in this area: BPOP, CPB, KFT, NSC, ROK, T, TTH, and VFC
- Extremely oversold now: ACH
- Standard oversold: AVP, DFG, the DJ-30, EEFT, EWA, MOT, PLT, PTR, SGP, SHI, SNA, WHR, and WSO
- Trying to hold some rising trend line support: EJ, FXY, GLD, KEY, OXY, SOLF, and XLU
- Trying to hold falling trend line support: DVY, ERIE, FCX, GM, GOOG, IDU, LEN, MRVL, MSCC, NSM, the OEX index, QQQQ, SNDK, TASR, TSM, and WTS
- Attempting to hold the 28 DMA here: AEM, CDE, the DRG index, PEG, and RGLD
- Trying to break above some falling trend line resistance: BAC, MPG, OCR, RT, STMP, SVU, TICC, and TOL
- Attempting to break above the 28 DMA here: MER
- Moderately overbought now: QCOM
- Anything here may be off base.
Thursday, January 17, 2008
Based on EOD Jan. 16, 2008
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